Representatives of the IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, together with representatives of the world's leading technology and consulting companies, announced today the launch of LAC-Chain, a new alliance to promote the use of blockchain in Latin America and the Caribbean. The presentation of this new alliance took place at the FOROMIC 2018 conference, which is being held this year in Barranquilla, Colombia.

IDB President Luis Alberto Moreno participates in the opening session
BALI, Indonesia - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.

Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth
The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.

A new report by the IDB estimates a year-on-year growth rate of 17 percent in the first quarter of 2017
After four consecutive years of contraction, Latin American and Caribbean exports returned to a path of growth. In the first quarter of 2017, the value of goods exports increased 17 percent year-on-year, having contracted 2.9 percent in 2016. The recovery was driven primarily by a rebound in commodity prices, according to an analysis conducted by the Inter-American Development Bank (IDB) using detailed data for 25 countries in the region.

IDB President and Paraguay’s Minister of Industry and Trade inaugurate the Business Forum at the Bank’s Annual Meeting
ASUNCION, Paraguay – The Business Forum “Latin America: An Agenda for Growth and Development” opened today, with more than 800 business leaders and high-level government officials from 33 countries. The participants gathered to discuss Forum an ambitious integration agenda to help the region participate in international value chains and compete in global trade.

The deadline for accepting proposals is April 26th, 2017
The Inter-American Development Bank (IDB) launched the 2017 Call for Proposals of the Initiative for the Promotion of Regional Public Goods in Latin America and the Caribbean (LAC), which supports projects aimed at resolving shared challenges and seizing opportunities for development through regional cooperation among at least three countries. Since 2004, the RPG Initiative has financed 140 projects, investing a total of more than US$103 million.

The Boards of Governors of the Inter-American Development Bank (IDB) and the Inter-American Investment Corporation (IIC) met in Washington DC today to discuss a report on the strategic vision and future financing of the Multilateral Investment Fund (MIF). The IDB and IIC Governors requested the preparation of this report during their Annual Meeting held in March in The Bahamas.
The Multilateral Investment Fund is an innovation lab for the IDB Group to promote development through the private sector in Latin America and the Caribbean.

The moderation of the contraction is observed in most countries of the region according to a new IDB report
Exports from Latin America fell 9 percent between January and March 2016 compared to the same period the previous year. This figure indicates a deceleration with respect to the 2015 decline of 15 percent, according to a new report by the Inter-American Development Bank (IDB).

Partnership will aid cleaner, cheaper, and more secure sources of energy for the Caribbean Region
President Luis Alberto Moreno of the Inter-American Development Bank (IDB), President Warren Smith of the Caribbean Development Bank (CDB), Secretary Ernest Moniz of the United States Department of Energy (DOE), and Secretary General Irwin LaRocque of the Caribbean Community (CARICOM) signed a memorandum of understanding (MOU) that creates a framework for cooperation to promote programs and activities that foster the transformation of the energy sector in th

The Inter-American Investment Corporation (IIC), has financed a $130 million loan with the National Reserve Bank of the Dominican Republic (BanReservas) to support the activities of importing and exporting companies that are clients of the Dominican financial institution. The operation is the largest syndication in terms of number of participants in the history of the IIC.